Extra Space Storage (Managed)
For sale74 William Street, South Glens Falls, NY 12803
$6,340,000285 units37,750 SF
Self Storage$22,246/unit$168/SF2004/2017
Property type
Self Storage
Unit / Space count
285
Price
$6,340,000
Rentable area
37,750 SF
Year built
2004
Year renovated
2017
Occupancy
94.74%
Stories
1
Lot size
3.27 Acres
Number of buildings
7
Sold/status
On Market
Price per SF
$167.95
Property description
In Association with Scott Reid & ParaSell, Inc. | P: 949.942.6585| A Licensed New York Real Estate Broker #10991231395 Scott Reid Broker - ParaSell, Inc. (949) 942-6578 broker@parasellinc.com Lic #: NY – #10311208459
Property highlights
- Highly Stabilized and Cash-Flowing Self Storage Facility Comprised of 285 Non-Climate Units Totaling 37,750 NRSF
- Strong Physical Occupancy Should Allow for the Continued Implementation of Existing Customer Rent Increases
- The House at the Front of the Property is Included in the Sale and can be Used as a Manager's Office/Housing or Rented out for Additional Income
- Stabilized Nature and Small-to-Medium Size of the Facility Should Allow for Remote Management Efficiencies and Operations Rather Than Full-Time Employees
- Average Household Income of $96,839 Within Five Miles of the Property
- Population of 65,238 Residents Within Five Miles of the Property
- South Glens Falls is Located in Eastern New York Approximately 45 Miles North of Albany
- The Albany-Schenectady-Troy MSA is the 4th Largest in the State of New York and is Home to 915,835 Residents